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Goldman Raises Oil Price Forecast for December as War Risks Cloud 2027 Outlook

Goldman
International Business Times Fews App News Provider
Fews App Post Time Hace 1h

Getty Images Goldman Sachs raised its oil price forecasts for December and 2027, warning that Middle East and Russia-Ukraine conflicts threaten global supplies and make it hard to predict a lasting easing of energy market tensions. The investment bank now expects Brent crude, the international benchmark, to reach $105 a barrel in December, up from its previous forecast of $90. It also raised its December forecast for West Texas Intermediate, the U.

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